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Commercial Scrubbers and Sweepers Market to Worth $8.04 Billion by 2028, Battery Powered Devices to Lead the Future of the Market – Arizton
CHICAGO, Sept. 7, 2023 /PRNewswire/ — According to Arizton’s latest research report, the commercial scrubbers and sweepers market will grow at a CAGR of 7.90% during 2022-2028.
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Commercial Scrubbers and Sweepers Market Report Scope
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Report Attributes |
Details  |
|
Market Size (2028) |
USD 8.04 Billion |
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Market Size (2022) |
USD 5.10 Billion |
|
CAGR (2022-2028) |
7.90 % |
|
Base Year |
2022 |
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Forecast Year |
2023-2028 |
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Market Segmentation |
Product Type, Scrubbers, Sweepers, Others, Power Source, Technology, End-Users, and Geography |
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Geographic Analysis |
North America, Europe, APAC, Latin America, and Middle East & Africa |
|
Market Dynamics |
· Growing Investments in Research & Development · Growing Demand for Cleanliness In The Hospitality Industry · Stringent Regulations to Maintain Cleanliness and Employee Safety · Higher Efficiency and Cost-Effectiveness Than Manual Cleaning · Growing Contract Cleaning Services |
The global commercial scrubbers & sweepers market witnessed dynamic growth and is expected to grow at a CAGR of 8.31% during the forecast period. Smart technologies are being adopted across industrial and commercial verticals. Industrial vacuum cleaners are primarily used in manufacturing, automotive, food & beverage, pharmaceutical, chemical, metalworking, mining, textiles, plastics, and aerospace industries. Commercial scrubbers & sweepers can help maintain the overall cleanliness and hygiene of industrial and commercial spaces. In commercial places, such as shopping malls, airports, railway stations, healthcare facilities, and educational institutions, where regular cleaning and maintenance are necessary, commercial scrubbers & sweepers can provide an efficient cleaning method.
Battery Segment Powered Commercial Scrubbers and Sweepers is Expected to Boom in the Next 6 Years
Battery-powered floor cleaning equipment is generally easy and convenient to operate. Almost all types of scrubbers & sweepers come with battery-powered machines. With the growing need to reduce polluting emissions, all manufacturers prefer battery-powered equipment over fuel-powered engines. Battery-powered equipment is also more advantageous than electric equipment as it does not need cable trails, allowing the machine to be moved freely.
Industrial and commercial floor cleaning machine manufacturers have adopted lithium-ion batteries for their higher productivity, longer runtime, zero maintenance, and lesser charging time. Lithium-ion batteries can last three-five years, depending on the use. They are also significantly lighter and smaller than lead-acid batteries, providing more space for cleaning liquids. Advances in battery technology to increase the runtime and reduce the charging time drive the adoption and use of battery-powered equipment.
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Geographical Insights
In the US, revenue from professional cleaning services grew by 3% in the last five years. The rising corporate profits have increased expenditure on cleaning services, thereby driving the sales of commercial cleaning equipment. Moreover, rising non-residential constructions, primarily offices and accommodation services, have increased demand for industrial cleaning services and equipment. Moreover, the stringent regulations to reduce cross-contamination and employee injury drive the demand for professional cleaning equipment. The rising income among the population has also resulted in the higher adoption of automation in cleaning industries. Robotic or autonomous floor cleaning equipment is the fastest-growing segment in the market. The use of sustainable cleaning technologies has significantly increased in this region.
In 2022, scrubbers accounted for the majority share of the market in the US. The growth of commercial spaces and the increasing importance of maintaining cleanliness and hygiene drive market growth. Furthermore, technological advances, such as robotic or autonomous floor cleaners, have also driven the demand. In 2022, sweepers accounted for a smaller share of 35.22% of the market in terms of revenue, primarily due to the lower price of the products compared to scrubbers. Combination machines hold the smallest market share and are mainly used for heavy-duty industrial cleaning. Contracts cleaners are the key end-users of commercial scrubbers & sweepers in the US.
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Key Company Profiles
- Nilfisk
- Tennant
- Kärcher
- Hako Group
- Factory Cat
- Power-Flite
- Numatic
- Amano
- TASKI
- Bucher Industries
- IPC
- Cleanfix
- Industrial Cleaning Equipment (ICE)
- NSS Enterprises
- Wetrok
- Bortek Industries
- Comac
- Tornado
- Fimap
- Hefei Gaomei Cleaning Equipment
- Cimel
- Gadlee
- Guangzhou Baiyun Cleaning Tools
- Pacific Floorcare
- Eureka
- Boss Cleaning Equipment
- HEFTER Cleantech
- Chaobao Cleaning Products
- Proquip
- RCM
- Lavor
- Polivac
Market Segmentation
- Product Type: Scrubbers, Sweepers, and Others
- Scrubbers: Walk-Behind, Stand-On, and Ride-On
- Sweepers: Walk-Behind, Ride-On, and Manual
- Others: Combination Machines and Single Disc
- Power Source: Battery Operated, Electric, and Others
- Technology: Water, Chemicals, and Steam
- End-Users: Contract Cleaning, Food & Beverage, Manufacturing, Retail & Hospitality, Transportation & Travel, Warehouse & Distribution, Healthcare, Education, Government, Chemicals & Pharmaceutical, and Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Key Questions Answered in the Report
- How big is the commercial scrubbers and sweepers market?
- What is the growth rate of the global commercial scrubbers and sweepers market?
- What are the growing trends in the commercial scrubbers and sweepers industry?
- Which region holds the most significant global commercial scrubbers and sweepers market share?
- Who are the key players in the global commercial scrubbers and sweepers market?
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
4.3.2 MARKET SEGMENTATION BY PRODUCT TYPE
4.3.3 MARKET SEGMENTATION BY POWER SOURCE
4.3.4 MARKET SEGMENTATION BY END-USER
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 OVERVIEW
6.2 FUTURE MARKET TRENDS
6.2.1 GROWING DEMAND FOR GREEN CLEANING TECHNOLOGIES
6.2.2 AVAILABILITY OF ROBOTIC CLEANING EQUIPMENT
6.2.3 GROWING DEMAND FOR CLEANLINESS IN THE HOSPITALITY INDUSTRY
6.2.4 STRINGENT REGULATIONS TO MAINTAIN CLEANLINESS AND EMPLOYEE SAFETY
6.3 PRODUCT TYPE
6.3.1 SCRUBBERS
6.3.2 SWEEPERS
6.4 TECHNOLOGY
6.4.1 WATER
6.4.2 STEAM
6.5 POWER SOURCE
6.5.1 BATTERY OPERATED
6.5.2 ELECTRIC
6.6 END-USER
6.6.1 COMMERCIAL SERVICES
6.6.2 FOOD AND BEVERAGE
6.6.3 MANUFACTURING
6.6.4 HEALTHCARE
6.7 MARKET LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 IMPROVES AESTHETICS OF THE FACILITY
8.1.2 INCREASING REGULATIONS FOR HYGIENE MATAINANCE
8.1.3 MORE EFFICIENT THAN HAND-HELD TOOLS
8.1.4 AESTHETICS OF RESORT AND HOTEL FLOORING
9 MARKET OPPORTUNITIES & TRENDS
9.1 GROWING DEMAND FOR GREEN CLEANING TECHNOLOGIES
9.2 AVAILABILITY OF ROBOTIC CLEANING EQUIPMENT
9.3 GROWING INCLINATION TOWARD SUSTAINABILITY
9.4 GROWING DEMAND IN WAREHOUSE & DISTRIBUTION FACILITIES
9.5 CONSISTENT GROWTH IN THE CONSTRUCTION INDUSTRY
10 MARKET GROWTH ENABLERS
10.1 GROWING INVESTMENTS IN RESEARCH & DEVELOPMENT
10.2 GROWING DEMAND FOR CLEAN LINE HOSPITALITY INDUSTRY
10.3 STRINGENT REGULATIONS TO MAINTAIN CLEANLINESS AND EMPLOYEE SAFETY
10.4 HIGHER EFFICIENCY AND COST-EFFECTIVENESS THAN MANUAL CLEANING
10.5 GROWING CONTRACT CLEANING SERVICES
11 MARKET RESTRAINTS
11.1 GROWING NUMBER OF RENTAL AGENCIES
11.2 LOW-COST LABOR IN DEVELOPING COUNTRIES
11.3 LONGER REPLACEMENT CYCLES
11.4 LOW INDUSTRIALIZATION AND PENETRATION IN EMERGING NATIONS
11.5 INCREASING RAW MATERIAL & SUPPLY CHAIN COST
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
Check the detailed table of contents of the report @ https://www.arizton.com/market-reports/commercial-scrubbers-sweepers-market-report-2025?details=tableOfContents
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
The following files are available for download:
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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https://news.cision.com/eqt/i/eqt-ab-group,c3285895 |
EQT AB Group |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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